Kisii NCBA bank manager charged over Ksh.52 million theft


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An NCBA Bank operations manager has been charged with stealing more than Ksh.52 million from the financial institution’s Kisii branch.
Philip Rotich Kiprono, who served as operations manager at the
branch, was on Friday arraigned before the Kisii Law Courts where he faced 134
criminal charges.
The Office of the Director of Public Prosecutions (ODPP) said
Kiprono is accused of siphoning Ksh.52,404,084.95 from the bank on diverse
dates between December 13, 2022, and October 10, 2024.
He was charged with several offences, including theft by
servant, acquisition of proceeds of crime, possession and use of proceeds of
crime, as well as forgery and uttering false documents.
The charges are said to contravene provisions of the Penal
Code and the Proceeds of Crime and Anti-Money Laundering Act, 2009.
Kiprono denied all the charges before Senior Principal
Magistrate Benard Obae Omwansa. The prosecution urged the court to impose
strict bond terms given the magnitude of the money involved.
The Magistrate directed that a ruling on the bond application
will be delivered on October 9, 2025, while the pre-trial conference is
scheduled for October 16, 2025.
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